Board Actions

Actions taken during the week ending June 7, 2014

Bank Holding Companies

Cullen/Frost Bankers, Inc., San Antonio, Texas -- commenter's request for reconsideration of the Board's approval of the applications for Cullen/Frost Bankers to acquire WNB Bancshares, Inc., Odessa, and thereby acquire Western National Bank; and for Frost Bank, San Antonio, to merge with Western National Bank, Odessa, and thereby establish branches.
-Denied, June 6, 2014

Monetary and Financial Policy

Term Deposit Facility -- fixed-rate offering of seven-day term deposits with a maximum tender amount of $10 billion on June 9, 2014.
-Announced, June 5, 2014

Personnel

Division of Consumer and Community Affairs -- appointment of Eric S. Belsky as director.
-Approved, May 28, 2014
(A/C)